Saturday, July 25, 2026
Inflationary pressure drives Nigeria’s unemployment rate to 5.3% in Q1’24
Business a.m. The ongoing economic crisis in Nigeria has led to a rise in the country's unemployment rate, which increased...
Read moreDetailsTinubu advocates debt relief for Nigeria, developing nations at 79th UNGA session
Business a.m. President Bola Tinubu, in his recent address to world leaders, has called for a concerted effort to prioritise...
Read moreDetailsCBN raises interest rate to 27.25% in 50 basis points move
Business a.m. The Central Bank of Nigeria (CBN) has raised its key interest rate, the Monetary Policy Rate (MPR), by...
Read moreDetailsDangote pushes for complete abolishment of Nigeria’s fuel subsidy
Onome Amuge Aliko Dangote, Africa's richest man and CEO of Dangote Group, has appealed to the Nigerian government to put...
Read moreDetailsAnalysts gauge MPC’s next move as Nigeria’s monetary policy on knife edge
ONOME AMUGE The Central Bank of Nigeria’s Monetary Policy Committee (MPC) will open its fifth meeting of the year today...
Read moreDetailsU.S. rate cut buoys oil prices amid weaker Chinese demand
Business a.m. Oil prices ticked upward on Monday, as the after-effects of Hurricane Francine-induced disruptions to U.S. crude supply and...
Read moreDetailsNigeria eyes LNG windfall as NNPC sets to revive $29.8bn Brass, Olokola ventures
Business a.m. The Nigerian National Petroleum Corporation (NNPC) Limited has initiated renewed dialogue with investors, with the aim of reviving...
Read moreDetailsUS Fed stimulus boosts oil prices for second consecutive week
Business a.m. The oil market saw a slight decline on Friday, however, prices were poised to close out a second...
Read moreDetailsOil markets rebound on Fed’s interest rate reduction
Oil prices gained momentum on Thursday following a steep interest rate cut from the U.S. Federal Reserve, despite Brent crude...
Read moreDetailsNigeria eyes $1.5bn revenue boost from Halal economy by 2027
Business a.m. Nigeria is looking to tap into the lucrative Halal economy in an effort to boost the nation's GDP...
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